Daktronics (DAKT) Stock Plunging on Unexpected Q4 Loss (The Street)
"Global macroeconomic factors including low oil prices, strong U.S. dollar, slowing GDP, political instability and other uncertainties continue to affect customer purchasing decisions," CEO Reece Kurtenbach said in a statement. "This creates some uncertainty in the near-term outlook for orders; therefore, we expect modest growth in fiscal 2017 and we will carefully manage our spending," he added. […]
Wed, Jun 1, 2016 at 4:03 PM